WinterGreen Research announces that it has published a
new study Business Document Work Process Management (BPO): Market Shares,
Strategy, and Forecasts, Worldwide, 2014 to 2020. The 2014 study has 416 pages,
187 tables and figures. Worldwide markets are poised to achieve significant
growth as the cloud computing utility infrastructure and the smart phone
communications systems for apps are put in place, continuing to drive the use
of electronic document replacement of all paper documents.
Xerox dominates business document work process management (BPO).
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Work document processing represents digitization of paper documents. The
techniques for document management, content management of unstructured data can
be applied to the paper documents once they are digitized. Analytics can then
be applied to the information contained in the documents. From time to time the
documents can be input into a database and handled as structured data in
tables.
Outsourcing services provide solutions for business document work process
management (BPO). As more electronic forms are created, documents are becoming
increasingly electronic. They still need to be used in a variety of ways.
Medical records provide some significant challenges to protect patient
identity.
Scanners have been used to convert paper documents to electronic formats.
Production level scanners are rated at 8,000 pages per day. Optical Character
Recognition (OCR) is the term applied to re-purposing functions. Hardware that
is necessary to make document work process automation possible has become
commoditized. Software and services are used to implement a solutions based
competitive environment.
Document work process market driving forces relate to the
shift to IT integrated systems management of electronic information. Paper and
electronic document processing is set to move to web site and electronic
document management.
As paper documents become less used and converted to
electronic forms from the outset, document work process markets are set to
grow. Hardware scanners of paper documents have become commodity units as at
the same time paper is being replaced by electronic forms. Software is
dominating the document work process industry. As tablets and smart phones
proliferate, electronic forms available as apps are not far behind. With the
advent of apps and sophisticated software, document work process shifts to an
all-electronic business.
Not that the paper has gone away, but it is not the
problem that it was ten years ago. Electronic forms are easier, more accurate
and 100% available as every person who is not an infant gets a smart phone in
the next five years.
This makes the document solutions more a question of
moving data from devices to the back end and managing unstructured content to
achieve extraction of potentially structured data from the document than of
handling paper.
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Paper document imaging is one driving force in the
market. Managed print services and electronic process management are aspects of
electronic document processing. Forms recognition, data extraction, and data
release into upstream systems represent the future of the document work process
industry.
Scanning is referred to as digital imaging, is a process
whereby a paper document is turned into an electronic image or electronic
characters. Digital imaging performs optical character recognition (OCR)
processes upon digital images following scanning. ... Document arrangement:
Prior to scanning, determine the units of store the copies in separate
locations-even during the production phase of a scanning.
Key Topics
Document Process Products
Document Process Analytics
Document Process WEB Services
Electronic Document Workflow
Paper Document Workflow
Document Cloud Architecture
Forms Mobile Architecture
Document Outsourcing
Document Sorting and Indexing
Records Modernization Using Work Process
Work Process Roadmap
Document Recognition
Document Based Cloud Computing
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Companies Profiled
Market Leaders
Xerox
Eastman Kodak
Banctec
Synnex / Concentrix / IBM
Fujitsu
Hewlett Packard
Parascript
Cannon
Konica Minolta
Lexmark
Ricoh
Parascript
Scan Optics
Market Participants
Adobe
Coghlin Companies / ColumbiaTech
Connecticut Business Systems
Doma
Fujitsu
Parascript
Patriarch Partners
PCM/Sarcom
Sound Telecom
Scan Store Invoice Data Capture
Sound Telecom
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About Us:
Hexa Reports is a market research and consulting organization,
offering industry reports, custom research and consulting services to a host of
key industries across the globe. We offer comprehensive business intelligence
in the form of industry reports which help our clients obtain clarity about
their business environment and enable them to undertake strategic growth
initiatives.
Contact
Information:
Ryan Shaw
Felton Office Plaza,
6265 Highway 9,
Felton, California, 95018,
United States
Phone Number
1-800-489-3075
Email Us: sales@hexareports.com
Our Website: http://www.hexareports.com/
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